The Decrease in Depot Stock Prompts Marketers to Demand More Fuel
Amid dwindling stock in depots, petroleum marketers are urging the Nigerian National Petroleum Company Limited (NNPCL) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to extend the emergency fuel supply for an additional two weeks.
The persistent scarcity of petroleum products, which has been ongoing for approximately two weeks, necessitates this action.
Over the weekend, NMDPRA revealed that approximately 4,000 trucks loaded with Premium Motor Spirit (PMS) departed from Lagos depots to distribute the product to various states' filling stations.
Last week Monday, the Federal Government, through NMDPRA, initiated a 15-day emergency fuel supply operation to facilitate the widespread circulation of the commodity nationwide.
Additionally, the government co...